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Bloomin' Brands (BLMN) will raise its quarterly dividend by 12.5 percent to $0.09 per share in the first quarter of 2018. The new dividend yield for BLMN is 1.5%.

Bloomin' Brands, Inc. operates casual dining restaurants. Its four brands are Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar. The company operates restaurants in the United States, Puerto Rico, Guam and 20 countries, some of which are franchise locations.